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20130113
20130121
Search Results 0 to 5 of about 6 (some duplicates have been removed)
that will coalesce. debt ceiling discussion, debt ceiling and the fact that the federal government will run out of money at the end of march. >> all those bring a confluence of an opportunity to drive a debate and drive changes that get us towards long-term prosperity and get us off of this notion that we can just continue to borrow and spend. >> reporter: it is clear most republicans want there to be spending cuts as part of these fiscal matters as they work on long-term extensions or solving these problems long term. jenna. jenna: mike, if we're hearing this, then the white house is probably hearing this as well. any reaction from the white house about potentially this plan from republicans? report or the jenna, --. >> reporter: jenna white house officials are saying if congress doesn't want to raise the debt ceiling they should authority rise president obama to do it himself. they should extend it so it doesn't cause concern for the economy and global markets. >> longstanding tradition for the congress to raise the debt ceiling. this is power they have given themselves, the point is without
voting for the debt ceiling when there is a republican president. but you never saw a situation in which democrats suggested somehow that we would go head and default if we didn't get 100% of our way that. is not how it's supposed to work. >> sean: i can't help but you remind that had obama in 2006 was a junior senator from illinois who opposed raising debt ceiling that. is right. barack obama scolding republicans for linking p spending cuts to raising debt ceiling himself voted against raising the debt ceiling. here is what the anointed one said in 2006, said leadership means the buck stops here, washington is shifting burden of bad choices today onto the backs of our children and our grandchildren. er america has a debt, and a failure of leadership. americans deserve better, i, therefore, intend to oppose the efforts to increase american's debt limit so he is doing what he said shouldn't be done. but in doing so is demonstrating his morale superiority. the second thing we saw today is on full display he said republicans were sus spishus about social security and government support for
kicks into high gear. congress has just weeks to increase our debt ceiling. fitch, a leading credit ratings agency, says a repeat of the 2011 debt limit crisis would spark a formal review of our country's aaa rating. that could mean a downgrade by them. now you might remember, s&p, a different agency, already downgraded our country in 2011. that was the first time in our history that that happened. the president is taking a hard-line stand, issuing a warning of his own to the gop. >> we have to pay our bills. congress has two choices here. we can act responsibly and pay america's bills. or they can act irresponsibly and put america through another economic crisis. but they will not collect a ransom in exchange for not crashing the american economy. jenna: republicans like congressman jason chaffetz blasting back against the president. >> i think the president was terribly irresponsible today. to say he will not talk about it because he is above it, but blame all of congress, in part congress helped create this problem but we are going to hear to solve this problem. i got elected to
republicans, who want to tie the debt ceiling to cutting spending and obama says blow up the economy and risk the full faith and credit of the united states and to do so is irresponsible, the consequences of not paying our bill would be disastrous. the charges went on and on and on and made it sound like only an anarchist would oppose raising the debt ceiling. listen to this: . >> what i will not do is to have that negotiation with a gun at the head of the american people, the threat that unless we get our way, unless you gut medicare or medicaid or otherwise slash things that the american people don't believe should be slashed, that we're going to threaten to wreck the entire economy. look, i don't think anybody would consider my position unreasonable here. democrats don't like voting for the debt ceiling when the republican's president, but you never saw the situation in which democrats suggested somehow that we would go ahead and default if we didn't get 100% of our way, that's just not how it's supposed to work. >> sean: hearing that i can't help, but be reminded of obama's record on the
to negotiate, that implies, well, we may not get a deal of any kind on the debt ceiling. it's pushing them away and fitch says, watch out, here comes a downgrade. this is entirely possible with very serious consequences. >> sean: he could use the kids tomorrow as he announces executive orders as props. >> exploit them. >> sean: exploit them, i agree, that's the right term. interesting, is he going to say to them, by the way i'm the guy that's giving you 10 trillion dollars in debt? is he going to say i'm sorry i broke open your piggy bank, young children? i tend to doubt it. the guy won't deal with spending, stuart. >> no, he will not deal with spending, under any circumstances this president will not cut spending, he will not negotiate on that issue, he will not cut spending. his policy is exactly the same now as it has been for the last four years, which is tax the rich, do not cut spending, ignore the buildup in the debt. he now owns this economy. it is his, it's got his name written all over it. >> sean: he was blaming the republicans, they forced me he to sign these things. >> okay, but he
Search Results 0 to 5 of about 6 (some duplicates have been removed)